The graph below shows the past and planned future development of the network over the next period

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CabNet has already achieved its target of 800 towns & cities by October 2019. The next new target is now 900 by the end of June 2020.

source CabNet Taxi Network 2019

The addition of a new location generally equates to the increase in 6 new licensed taxi companies and over 100 new drivers onto the network. Further evidence on the rapid growth of CabNet can be found on the CabNet facebook page.

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The following represents the planned timeline for CabNet investment strategy*

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Sept 2014

App development commenced

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May 2015

IOs App Launched

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Jan 2016

Android App Launched

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Mar 2016

Seed investment received for 1% equity

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Dec 2017

Epayment facility launched

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2020

Series A Financing programme for 10-12% equity

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2021

Series B investment programme for 20% equity

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*above is the planned investment strategy. CabNet welcomes any enquiry from suitable investors looking to invest or acquire interests in the business. For further information please select the link below.